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Location: In a perfect world winter does not exist
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Doesn't Biden want to throw more money into the economy and forgiving student loans and giving out more money to Ukraine. I wonder who the hell is giving this idiot inflation stopping advice.
Status:
"I don't understand. But I don't care, so it works out."
(set 6 days ago)
35,625 posts, read 17,953,728 times
Reputation: 50644
Quote:
Originally Posted by workingclasshero
back in November (6 months ago) Dow was 36,000...this week it hit a low of 30,000,,,dow now lower than when Biden took over
back in November Nasdaq was 16,00...this week it hit a low of 11,000,,,nasdaq now lower than when Biden took over
back in November s&p500 was near 5,000...this week it hit a low of 3,900,,,S&P500 now lower than when Biden took over
the point of the thread (which is accurate) is that the last 8 weeks, have all been losing weeks (a loss of 1 point for the week as a whole, is still a loss), which will be/is a major milestone that we have not seen since the 1920's
So, basically what you're saying is, while Biden has been in office, the stock market did really well at first, but now has recorrected to where it was when he was sworn in?
Honestly asking. So it's back to where it was when Trump handed the economy over?
Hoping for the usual Friday afternoon optimism to pull us a little closer to the starting bell.
I should have elaborated on that a little bit because it can be unclear as to how you actually go about doing that. Here's another quote and simplified example:
"Short selling involves borrowing a security and selling it on the open market. You then purchase it later at a lower price, pocketing the difference after repaying the initial loan.
For example, let's say a stock is trading at $50 a share. You borrow 100 shares and sell them for $5,000. The price suddenly declines to $25 a share, at which point you purchase 100 shares to replace those you borrowed, netting $2,500 in the bargain."
Status:
"I don't understand. But I don't care, so it works out."
(set 6 days ago)
35,625 posts, read 17,953,728 times
Reputation: 50644
Quote:
Originally Posted by ChrisC
I should have elaborated on that a little bit because it can be unclear as to how you actually go about doing that. Here's another quote and simplified example:
"Short selling involves borrowing a security and selling it on the open market. You then purchase it later at a lower price, pocketing the difference after repaying the initial loan.
For example, let's say a stock is trading at $50 a share. You borrow 100 shares and sell them for $5,000. The price suddenly declines to $25 a share, at which point you purchase 100 shares to replace those you borrowed, netting $2,500 in the bargain."
Thanks. I'm going to have to go through this, and look it up further. I've heard you can make a lot of money in a great stock market, or a crashing one. Interesting.
Thanks. I'm going to have to go through this, and look it up further. I've heard you can make a lot of money in a great stock market, or a crashing one. Interesting.
You can also buy inverse ETFs, where available, for an entity, measurement, etc that you want to bet will be declining.
Wait, what? You're betting it's going to hit bottom again, and are going to ride it to the bottom and then cash out?
Do you know something I don't know? Honestly asking.
Yes, you don't understand. He/She is short selling.
Just like you do not understand what this thread is about, which is longest CONSECUTIVE WEEKLY LOSING STREAK and not largest point drop that you keep trying to deflect to for some odd reason.
For your sake, I hope you do not manage your own investments. Please let a professional take care of that for you.
That's funny. You come into threads and pretend you know anything about the market when it turns out you don't even know what going short is. So you must just be repeating what you here on tv. Here is a tip for a novice. You should start by using a leveraged 3x inverse ETF and hold on to it for a long time, and buy more as the markets climb. You're welcome.
OMG, don't tell her that, you're obviously setting her up for misery and hardship. Besides that, if she has no clue what shorting is, she will wreck herself playing around with 3X leveraged ETFs! And they are not for long term holding. Aside from that, they don't always work that well anyways. I used YANG to short the Chinese stock market and it barely budged. Their market fell 4% in one day, and YANG only went up like 5%. But when their market rises, YANG fell much, much harder. I stopped messing around with that one since obviously it's not working as it was designed to.
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